UK Fleet Buying In 2010-2011. Leading Business Concerns for the Period 2010-2011

27 Oct 2010 • by Natalie Aster

London - Vehicle rental, leasing and fleet management industry executives face significant challenges over the coming months and years. ‘Cost containment’, ‘responding to pricing pressure’ and ‘difficulty of planning and investing due to uncertainty’ are the most pressing immediate business concerns for the UK vehicle rental, leasing and fleet management industry. 50% of company vehicle users rated ‘cost containment’ as the most important business concern during 2009-2010 and a further 48% rated ‘responding to pricing pressure’ as the second most important concern.

The business concerns of suppliers are similar to that of company vehicle users, of whom 44% consider ‘cost containment’ as their most significant business challenge and and 39% are concerned about ‘responding to pricing pressure’. Suppliers consider ‘difficulty of planning and investing due to uncertainty’ and ‘meeting environmental / climate change challenge’ as leading business concerns. The key leading business challenges have remained the same as were identified in the Q2 2009 survey.